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Two strange things about yesterday’s inflation number

Stocks rallied to fresh highs yesterday in response to a monthly slowdown in Consumer Price Index / CPI. Retail Sales came in flat for the month indicating that consumers may be tightening their purses.
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The key ingredient for lower prices is lower prices for key ingredients

Stocks posted a solid day of gains after languishing in the earlier part of the session. Producer prices came in hot and Roaring Kitty goosed the small cap index with a meme.
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As the kitty roars

Stocks had a mixed close yesterday as investors awaited, on seat edge, for today’s and tomorrow’s big inflation numbers. A number which not too many people watch, the NY Fed’s 1-year Inflation Expectations, showed that folks have raised their expectations about inflation over the next year – not...
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The obviously not-so-obvious impact of elections on the markets

Stocks had a mixed close as confused investors buckled down before the weekend, turning their sites on the Aurora Borealis and inflation data, coming up this week. According to the University of Michigan Sentiment survey, consumers are getting anxious about the economy, and they are upping their...
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Ignore the signs and signals at your own peril

Stocks rallied yesterday, helped by earnings and a weaker-than -expected weekly jobs number. Confusing as it may sound, bad news for the economy empowered the bulls in yesterday’s market gain.
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Travel is essential for travel companies, not consumers

Stocks had a mixed close with slight gains and losses across the board as traders sat tight in an information vacuum with little to trade on. Fed speakers continue to circle around the higher for longer mantra – remember what they say is what you usually get.
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Is attracting attention by making less profit a good strategy?

Stocks had a mixed close yesterday with no economic numbers to contemplate. Mixed earnings and an outspoken Fed hawk set the mood in yesterday’s session.
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